Triveni Turbine Limited — Investor Meet, 22-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Triveni Turbine reported FY26 revenue of 2,181 Cr, up 9% YoY, with EBITDA at 527 Cr (24.2% margin). Q4 revenue hit a record 680 Cr, up 26%. PAT declined 3% due to a 15.7 Cr exceptional charge and Q4 margins were impacted by segment mix and a 8.5 Cr mark-to-market loss. Order booking was strong in Q4 at 754 Cr (+19% YoY), driven by exports (516 Cr, +174%) and aftermarket. The closing order book rose 8% to 2,054 Cr. Management sees robust demand, with the enquiry book doubling, especially from the U.S. (data centers, renewables) and India (steel, cement). New initiatives like geothermal are promising. Expects FY27 revenue recognition to be back-ended; U.S. operations are anticipated to turn profitable. The tone is confident on future growth despite market uncertainties.